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thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come from an increase on the tax rates of top earners, which is currently 35%. >> let the rates go up to 39. let us also take a look at the deductions. let's make sure that revenue is an integral part of deficit reduction. from my side of the table, bring entitlement reform into the conversation. social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no date set in stone for the next meeting among the principle negotiate othe timing will depend on the progress of staff member, in the next few days. but we should not be surprised if they get together, sthiem week. shannon. >> shannon: we wish them much luck. thank you. our worst-case scenario, there isn't a deal. the former economics director it'll peter tracy, tells what did you say to expect
necessity bankrupt the country. >> some entitlement reform is okay with illinois democratic senator durbin but he thinks social security should be last alone. >> social security does not add one penny to our debt. it is a separate funded operation and we can do things and i believe we should, now, played out long term that gives it solvency. >>peter: congressman king says no one will get what he wants but in president reagan and thomas "tip" o'neill could make a deal, so, too, should speaker boehner and president obama. >>gregg: and now the top people responsible for our defense, first, general petraeus resigning as head the c.i.a. amid scandal. there could also be big changes at the pentagon. as well at state department. whoever the president chooses, it could impact, for example, the use of armed drones taking out al qaeda overseas. and lots of other security matters. and now, a fox news contributeor and pollster joining us, and former senior advisor to senator john mccain. the use of the unmanned drones to take out terrorists who want to murder americans, on its face it should be a no-b
reid and durbin mentioned, there were a lot of things we did like, making sure that no benefits in medicare and social security were cut. it is now time for congress to get back to our vote regularly scheduled programming, and that means jobs. washington has been consumed with the fault and our nation's unemployment problem has been worsening and it is time to move back jobs to the front burner. with this debt reduction package, the debt is now clear for a single-minded focus on jobs in september by removing the threat of default and proving that both parties can come together to get our deficits under control. we have provided certainty in the credit markets. the wrangling over spending should be greatly reduced in coming months. we have a chance to turn away from budget battles and reset the debate. the jobs issue, will have to play second fiddle to the deficit issue anymore, and that is what the american people want. we can put a premium on efforts to create jobs and as democrats, that is our strong suit and are high ground. we welcome this chance to shift the playing field t
distance between republicans and democrats on this issue right now. >> stephanie: senator durbin said this yesterday. >> we're not going to find ourselves in some big party and then turn around and have a doomsday scenario as a debt ceiling. >> stephanie: are we or are they going to do some temporary fix and kick the can down the road? >> caller: well, i hope the debt ceiling is a part of it. the spending cuts, the across the board cuts, the so-called sequester, i think that will get kicked down the road. right now we can't afford to have significant reduction that will impede the economy. i think we need to take a little bit more careful approach to those kinds of cuts if we're going to talk about 1 trillion-dollar over ten years. so i suspect that can will get kicked down the road, but the tax rates really should be dealt with right now. they're easy to deal with. the debt ceiling should really be, that's one of those other things we can create a crisis unnecessarily. this country is not going to basically deny it's debt. >> stephanie: right. >> caller: so anyway, i think we can do
or the economy. > a tough white house ally, nglinois senator dick durbin argued against using fiscal cliff pressures to scale back paidare and medicaid benefits. >> these are people that have paid in over a lifetime into protectecurity and medicare and fully expect the protection bech they've invested in to be that'snd it has to be there. republicans anyblicans are demanding in any fiscal cliff deal. o raisew never to raise taxes on the w o entitlement programs now gobbling up more than 60% of annual federal spending. that means the white house to dough if i liberal democrats or >> the p enrage republicans. ted to thesident is very committed to the proposition itht we can deal with these challenges if we come together oach.dopt a balanced approach. >> i may sound glib what i'm about to say but this white house is really serious about an issuewhen it goes to twitter. anew white house hash tag on preserving the middle class tax preserving. that's $2,000, average amount that taxes would rise if the bush era texas cuts are not ttended. eek white house plans to hammer its issue all week, believ
of the year is 72 senator dick durbin is 68. today is also the birthday of marleau thomas, goldie hawn troy aikman ken griffey jr. and [ inaudible ]. and the moral of this story is astrology means nothing. i have been really thrilled to work here this week, and one of the great things when i get to take over the "bill press show" is to pull it down to my level. yesterday i had muslim dean oh bah doll la and today i have a guy who works with dean, scott blakeman who is one of the stars of laughing liberally off breadway. and scott, i want to thank you for calling happy thanksgiving welcome to the "bill press show." >> happy thanksgiving, john. >> john: you are a jewish comedian who is also liberal, so why do you hate the people of israel? >> ask the people on facebook. >> john: by the way it's amazing your material is so brilliant, and dean is a liberal muslim and i'm a liberal christian, which i sort of the is redundant, but tell us about your take and perspective. >> we just did a stand up for peace show and for about nine years now we go to college campuses. and even
mentioned on newsmakers, mary kay henry. on abc this week, richard durbin of illinois, lindsey gramm of the south carolina. we will see adam smith from washington and a ban affleck who directed "argo." on me to the press, carl levin, peter king, and gregory meeks. we will also see the chairman and chief executive of honeywell international. our next call joining us on the independent line. we have pat from tennessee. caller: you made the statement a few minutes ago, exactly my thought. when you have senators and representatives of their in congress, then they are representing the states. that is how the states have a say in the budget talks. i noticed a while back they talked about reducing your marks. that is when they put things in that they want to add to the budget, things that the one for the states. that is how they are represented already. thank you. host: thank you. what you were quoting was eight tweet that came in that said states already have a say by sending members to the house and senate. democrats line. caller: i think today pose the question is interesting. this was o
everything on the table. >> but when asked if he'd be willing to reform social security, senator durbin says social security doesn't add one penny to the debt. that it's a separately funded operation. one final note, the president was out shopping on saturday and when asked by a pool reporter if that was his part to avoid the so-called fiscal cliff, the president said, come on, guys, we're just christmas shopping here. that's it from the white house. talks expected to continue this week. back to you. >> steve: let the games begin. douglas, thank you. >> gretchen: now to the rest of today's headlines, brand-new evidence that could have changed the outcome of the casey anthony murder trial. police in florida now admitting that they missed a google search done by someone in the anthony household. the search seems kind obvious. it was for the words, foolproof suffocation. the search done the same day two-year-old caylee anthony was last seen live. the mom acquitted of her daughter's murder, even her defense attorney says he was shocked this never came up in court. >> steve: meanwhile, it's like
that from the democrats. bill: interesting. dick durbin suggested perhaps they need to talk about this we'll see further on that from their side very soon. stuart, thank you. >> bill. bill: see you at 9:20 on fbn. stuart varney with us. here's martha. martha: big word reform, in taxes and entitlements. will that happen? senator graham is not the only republican that says he believes something needs to be done to avoid the fiscal cliff. >> i think everybody should be on the table. i am myself am opposed to tax increases. the fact is the speaker and majority leader and president will be in a room trying to find the best package. i'm not going to prejudge it. saying we should not take ironclad positions. i have faith in john boehner putting together a good package. he is very conciliatory in his language. >> i do am opposed to raising tax rates but i do believe we can close loopholes. >> they have to go up real tax rates or effective tax rates. there are ways to do that. secondly we have to close significant loopholes. martha: all right. what are we hearing here? are he starting to hear a li
. not be in your office someplace. senator durbin reminded me of one senator, a republican senator, who forced us to be here over the weekend, and he left. went back to a wedding in his state. mr. president, i repeat for the third time, the only people that think the senate's working really well right now are the republican leader and the republican senators, because it's not working well. they've abused the process. they've abused something that was set up to help legislation get passed. the filibuster. they've abused it. and now the filibuster is on everything. they can talk all they want about filling the amendment tree and all that. that is so -- mr. president, that has no bearing on what's going on around here. we have -- we try to get things done. the defense bill is a good example. i said let's move to the defense bill. they objected to it. they have been talking about it for months. i agreed to move to it, no preconditions at all. we have to do other things. we have a very short period of time here now and everything around here is the big stall. and he talks about getting bills done. mr.
. and the numbers are staggering. as dick durbin pointed out recently when lyndon johnson was majority leader of the senate democratic majority leader of the senate. for six years, there was one filibuster. one filibuster. the last six years under republican leadership, there have been 380 filibusters in the senate. they filibuster everything including -- one of the most outrageous examples, republicans in the senate filibustered the james -- september 11th health and compensation act which would have provided healthcare for the heroes the first responders of september 11th. republicans filibustered that and prevented it from coming to a vote in the senate. so it doesn't matter good or bad if the democrat was for it, republicans filibustered it. and they did so by -- it was sort of like a -- a virtual filibuster. it is no longer the day when they bring in the cots and they make them actually speak. they just threaten to filibuster and that's all they have to do and it is just as effective and -- effectively blocks a measure at al
continue today. we are going to be covering the discussion with dick durbin, the assistant majority leader, democrat of illinois at any event today. live coverage on c-span, 11:30, c-span and, . if you miss it, go to our video library. on the front page of the financial times, stepping down from the sec. mary schaepiro is stepping down after nearly four years in charge of the top stock market regulator. bill, maryland, on our line for independents. what are your thoughts? caller: i think we have already gone over it a long time ago. we are like a family or small business that is bringing in $200,000 each year. their borrowing in other $100,000 each year. and then you hear these people talking about, we are going to raise the taxes on the rich. what is that going to do? bring in other a thousand dollars and. it is insane. these politicians have screwed us, screwed our children. they just keep reelecting the same people. in the wall street journal this morning -- they write this, why $16 trillion only hint of the true united states debt. the actual liabilities of the federal government inclu
time ago. >> that's all i need to know. >>> tomorrow, tim pawlenty, illinois senator dick durbin and singer dionne warwick. >> great show. meanwhile, cnn "newsroom" with carol costello begins right now. >>> tear gas in cairo near the u.s. embassy as the fight for democracy goes on. >> face to face. susan rice and john mccain, the man who wanted watergate style hearings, meet. and only cnn catches up with mccain before the big meeting. >> what do you have to learn today from miss rice? >> whatever ambassador rice wants to tell me. she's the one who asked for the meeting. i didn't. >> wouldn't you like to be a fly on the wall? >>> spyfall, real-life bond movie. yasser arafat's body was exhumed. was the palestinian leader po h poisoned by israeli spies? >>> plus this. >> you said walden is in trouble. >> i'm the trouble walden has been in, repeatedly. >> he calls it filth, the half in "two and a half men" begs you not to watch his show. "newsroom" starts now. >>> good morning to you. thank you so much for being with us. i'm carol costello. we begin with a high stakes meeting just m
durbin said he thinks that president obama won't include a deal [inaudible] >> first of all, the debt ceiling. we would be foolish to work out something on stopping this from going over the cliff and then a month or six months later the republicans pull the same game as they did before and say we aren't going to agree to increasing the debt ceiling. i agree with the president. it has to be a package deal. what was your other question? [inaudible question] >> there are things we have already taken care of, the first of april and take a look at that stuff. that's not essential. [inaudible question] >> we can't do anything with the disaster aid package and i'm told it will be tomorrow or the next day. [inaudible question] >> republican, ok. you said what's holding it up? i said republicans. talk to the republicans. it's up to them. [inaudible question] >> i have said on a number of occasions the internet poker bill can move forward if we get 15, 17 republican votes. this stage, we have gotten none. >> you talked to the president over the weekend. are you hopeful, are you optimistic? >> i
will swing back to the way it was in 1993 and 1994. >> dick durbin, senator from illinois, i think the number two person in the senate, he said he thought lindsay gramm had a right, there should be some deference to the president. when the gramm was one of the few republicans who voted for elena kagan. hopefully that will have some traction. the last question will come from and all of an audience -- from an alumna in the audience. what qualities should the law school be focusing on as we train the next generation of lawyers? >> a law degree give you a license, kind of a monopoly on the practice of law. it's supposed to be an honored profession. if you are not satisfied with merely turning over a bus, you know it is something special and you know it to your community to use your talent to help make things a little better for others. i think a lawyer who commits herself to public service to make a living and to remember that people who desperately need it representation and will not have a, she care. i do not think someone who says i will do my job and collect my fees and and not interested in
are testing them once again. >> you have a lot of destabilizing political news. you have senator durbin talking about hang-ups in the united states. you have the vote over in barcelona. there's a lot of self-inflicted political wounds the market is trying to price in. volatility will be a function of this political instability for at least a handful of weeks going into the first quarter of 2013. >> what was last week about? 400 points. great day on friday albeit shortened session, light volume. was that real? was it fake? what was your impression? >> a mismatch between fundame fundamenta fundamentals. you saw economic news out of the united states. corporate news wasn't bad. you saw news out of china which was improving. global growth story is okay. it's far from great. it's okay. you have europe in recession. germany continues to chug along at an okay level. on a mixed data environment when you get excesses of pricing, you get bouncebacks as well. >> given uncertainty over tax, would you be as inclined to be aggressive in what is a good month or preserve gains for the year? >> it depen
. enjoy l.a. we'll see you in a little bit. senator dick durbin a member of the boles-simpson commission and the so-called gang of eight lag out the progressive case for a bipartisan fiscal cliff deal. we'll bring you headlines as they happen. when we come back, men have a rep utation for hagting to shop. we'll tell you why they say men are the new women. back here after a break. suffer n 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. prevent acid all day and all night for 24 hours if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education
the democrats saying they don't want to see any entitlement reform. >> but durbin, where did he come from? >> that's what i mean. >> i'm trying to figure out -- trying to see his personal situation. where did he find religion all of a sudden? he's an obama ally and suddenly he's talking -- are you looking at all these things very specifically? looking at the fix and option action. you can tell from the market. >> the most aggravating thing is that we're sitting here talking about the government and what the market is going to do as a function of what the government does. if you look at the volatility markets, i think it's incredibly interesting. the market is being very rational. the vix is really a function of liquidity. liquidity in the system is incredibly stable. the markets are -- that will significantly drive higher levels, if you look at ted spreads and where bank funding is. that's the real significant spikes index, so you need to be careful to hedge your portfolios right now. but right now, the markets, the s&p markets are really pricing in a very range bound market through janua
Search Results 61 to 78 of about 82